①Of the following fixed assets, the tax base of the fixed assets tax imposed on depreciable assets (including depreciable assets specified by Cabinet Order as similar thereto) to which, on March 31, 1987, paragraph (17) of the Supplementary Provisions of the Act on Grants Distributed to Municipalities Where National Assets, etc. are Located (Act No. 82 of 1956; hereinafter in this paragraph referred to as the "Former National Assets Grants and Payments Act") before its amendment by Article 2 of the Act Partially Amending the Local Tax Act and the Act on Grants Distributed to Municipalities Where National Assets, etc. are Located (Act No. 94 of 1986; hereinafter in this paragraph and the following Article referred to as the "JNR-Related Amendment Act") (including the case where it remains in force pursuant to Article 13, paragraph (2) of the Supplementary Provisions of the JNR-Related Amendment Act; the same applies hereinafter in this paragraph) was applied is, notwithstanding Article 349-2, Article 349-3, paragraph (1), (12) or (14), or paragraph (11) of the preceding Article, the amount calculated as provided by Order of the Ministry of Internal Affairs and Communications in accordance with the calculation method under paragraph (17) of the Supplementary Provisions of the Former National Assets Grants and Payments Act in the case where the phrase "the amount prescribed in Article 4, paragraph (5)" in that paragraph is deemed to be replaced with "the price prescribed in Article 3, paragraph (2)".

②The tax base of the fixed assets tax or city planning tax imposed on fixed assets specified by Cabinet Order that are used directly for the original business among the fixed assets that a passenger railway company owns, borrows pursuant to Article 13, paragraph (1), item (iii) or (vi) of the Act on the Japan Railway Construction, Transport and Technology Agency, Independent Administrative Agency (Act No. 180 of 2002), uses pursuant to Article 12, paragraph (2), item (ii) of the Act on the Japan Expressway Holding and Debt Repayment Agency, Independent Administrative Agency (Act No. 100 of 2004), or borrows from a corporation specified by Cabinet Order that lends railway facilities, is, notwithstanding Article 349, Article 349-2 or Article 702, paragraph (1), limited to the fixed assets tax or city planning tax for each fiscal year from fiscal year 2016 through fiscal year 2026, one-half of the price that is to be the tax base of the fixed assets tax or city planning tax on those fixed assets (for fixed assets subject to the application of Article 349-3, paragraph (1), paragraphs (12) through (14) or paragraph (24), paragraph (11), (25) or (44) of the preceding Article, or the preceding paragraph, one-half of the amount treated as the tax base under those provisions).

The tax base of the fixed assets tax or city planning tax imposed on fixed assets specified by Cabinet Order that are owned by a passenger railway company or freight company and succeeded to from Japanese National Railways pursuant to Article 22 of the Japanese National Railways Reform Act (limited to fixed assets to which, on March 31, 1987, Article 348, paragraph (2), item (ii) or (xxvii) of the Local Tax Act before its amendment by Article 1 of the JNR-Related Amendment Act was applied) is, notwithstanding Article 349, Article 349-2 or Article 702, paragraph (1), limited to the fixed assets tax or city planning tax for each fiscal year from fiscal year 2016 through fiscal year 2026, three-fifths of the price that is to be the tax base of the fixed assets tax or city planning tax on those fixed assets (for fixed assets subject to the application of paragraph (1) or (2) of the preceding Article, three-fifths of the amount treated as the tax base under those provisions).

With regard to the application of Article 349-3-4 in the case where Article 349-3-4 applies to depreciable assets subject to the application of the provisions of Article 15 of the Supplementary Provisions through the preceding Article, in Article 349-3-4, the phrase "Article 349-3" is deemed to be replaced with "Article 349-3 or Articles 15 through 15-3 of the Supplementary Provisions", and the phrase "under that Article" is deemed to be replaced with "under those provisions".

Notwithstanding Article 364, paragraph (4), a municipality must, for land or houses subject to the application of Articles 15 through 15-3 of the Supplementary Provisions, state in the tax details statement, in addition to the matters specified in the items of Article 364, paragraph (3), the amount treated as the tax base of the fixed assets tax under Articles 15 through 15-3 of the Supplementary Provisions.

In addition to what is specified in Article 381, paragraphs (1) through (6), the mayor of a municipality must, for fixed assets subject to the application of Articles 15 through 15-3-2 of the Supplementary Provisions, register in the fixed assets tax ledger the amount treated as the tax base of the fixed assets tax under those provisions.

①With regard to the fixed assets tax imposed on a dwelling specified by Cabinet Order that was newly built during the period from April 1, 2022 to March 31, 2031 (meaning, for a building held in unit ownership, a building having an exclusively-owned area specified by Cabinet Order among the exclusively-owned areas used for residence prescribed in Article 2, paragraph (3) of the Act on Building Unit Ownership (hereinafter in this Article through Article 15-9-3 of the Supplementary Provisions referred to as "exclusively-owned areas"), and for a house other than a building held in unit ownership, a house specified by Cabinet Order among houses used for residence; the same applies hereinafter in this Article through Article 15-8, Article 15-9, paragraph (1) and Article 15-9-2, paragraph (1) of the Supplementary Provisions) (excluding, where, in relation to a notification under Article 88, paragraph (1) of the Act on Special Measures concerning Urban Reconstruction concerning the new construction of a dwelling, a person who received a recommendation under Article 88, paragraph (3) of that Act (hereinafter in this paragraph referred to as a "recommendation") has been publicly announced under Article 88, paragraph (5) of that Act as not having complied with the recommendation, a dwelling newly built without complying with the recommendation (limited to one of which the whole or a part of the land used as its site is included in the area prescribed in Article 88, paragraph (5) of that Act); the same applies hereinafter in this Article), a municipality is to reduce, except where the following paragraph, paragraph (1) or (2) of the following Article or Article 15-8 of the Supplementary Provisions applies, limited to the fixed assets tax for three fiscal years counting from the fiscal year for which fixed assets tax comes to be newly imposed on that dwelling, an amount equivalent to one-half of the fixed assets tax amount for that dwelling (for a dwelling held in unit ownership (meaning a dwelling that is a building held in unit ownership; the same applies hereinafter in this Article through Article 15-8 of the Supplementary Provisions), the total of the amounts calculated for each unit owner as provided by Cabinet Order as the tax amount relating to the part to which this paragraph applies, and for a dwelling other than a dwelling held in unit ownership (limited to a dwelling having a part other than the part used for residence or another dwelling specified by Cabinet Order), the amount calculated as provided by Cabinet Order as the tax amount relating to the part to which this paragraph applies) from the fixed assets tax amount for that dwelling.

②With regard to the fixed assets tax imposed on a dwelling specified by Cabinet Order that is a medium- and high-rise fireproof building (meaning a building whose specified principal structural parts prescribed in Article 2, item (ix)-2, (a) of the Building Standards Act are of fireproof structure, or a building falling under either (a) or (b) of item (ix)-3 of that Article, having three or more stories above ground (meaning the number of stories above ground calculated as provided by Cabinet Order); the same applies in paragraph (2) of the following Article) newly built during the period from April 1, 2024 to March 31, 2031, a municipality is to reduce, except where paragraph (1) or (2) of the following Article or Article 15-8 of the Supplementary Provisions applies, limited to the fixed assets tax for five fiscal years counting from the fiscal year for which fixed assets tax comes to be newly imposed on that dwelling, an amount equivalent to one-half of the fixed assets tax amount for that dwelling (for a dwelling held in unit ownership, the total of the amounts calculated for each unit owner as provided by Cabinet Order as the tax amount relating to the part to which this paragraph applies, and for a dwelling other than a dwelling held in unit ownership (limited to a dwelling having a part other than the part used for residence or another dwelling specified by Cabinet Order), the amount calculated as provided by Cabinet Order as the tax amount relating to the part to which this paragraph applies) from the fixed assets tax amount for that dwelling.